Job Purpose

The Anti-Money Laundering Officer is responsible for assisting the Anti-Money Laundering Manager in managing the Anti-Money Laundering (AML) and Combating Terrorist Financing (CTF) Programme, to ensure that suspicious and unusual transactions are monitored, investigated, and reported as per regulatory requirements and in compliance with internal policy.

Job Responsibilities

• Ensure accurate investigation of alerts and cases adhering to the laid down procedures.
• Close alerts, cases where there are no suspicious or refer alerts to Business Compliance unit/s where further information is required or assistance is required to take a decision due to the complexity of the issue.
• Obtain opinion from Unit Manager for conclusion of cases and escalate cases to business compliance for further review, as applicable.
• Escalate issues and confirmed true matches.
• Maintaining and providing of accurate and meaningful MI as instructed on all aspects related to FCRM alerts/ cases within the expected timelines.
• Undertaking any testing requirements on the AML system that is required on account of system enhancements/upgrades and ensuring that such tests are conducted accurately and within the prescribed deadlines working with business compliance and system management team.
• Meet TAT as agreed with stakeholders.
• Send reminders to business for overdue on information requests
• Monitoring and mitigating risk in a timely and effective manner whilst keeping Senior Management, Compliance fully informed of action taken and the outcomes.
• Escalating issues to Senior Management, Compliance for information and necessary action.
• Timely reporting of potential Suspicious Transaction to Business compliance
• Investigation and resolution of such matters in a timely manner
• Ensure all adhoc requests from AML Manager are met within the prescribed deadlines.
• -Co-ordinate with stakeholders related to the project deliverables
• Meet Quality levels as per standards laid down in TM procedure manual.
• Complete corrective actions for issues raised by QA unit.
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Person Specifications

Education and any other certification

Secondary and Tertiary education

AML/Professional qualification